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Colorado5

01/26/11 1:16 PM

#170177 RE: paunch13 #170175

Hey Paunch,

I think FFGO covered their butt with their last FAQ stating that they did their part, and now FFGO and shareholders have to wait till NMGL complete their list before FFGO can announce a Record date. I'm sure that FFGO can issue a statement saying that "Everything is still on track and hopefully everything will be concluded in the next few months". Will everyone be any happier if they do that? I don't think so. I got into this when I was 55 in 2005. Right now if I receive anything (including 2005 divis) by the time I retire in 2015, then I should be fairly content.

All I'm banking on is Pete's last statement to come true.

""It has been long and at times, a very difficult journey for all involved, but we have prevailed and I personally wish to extend my heartfelt thanks to our patient and supportive stockholders. It is with great pleasure that I am now able to say that this process is now in its final stages and the next few weeks, I will have honored every single one of my undertakings to our stockholders and with our Company’s assets being distributed to our stockholders at a price per share that this Company has not seen in many years. With all of the support received over these past six months, we achieved “top dollar” for our Company’s assets.

I, along with advisors, have decided that no further Press Releases, Regulatory Filings nor updates of any nature are required at this stage. I have clearly stated in Press Releases and in Regulatory Filings that this is “a done deal” and provided the pricing guidelines for these transactions.

On a final note, I wish to extend my sincere gratitude to all of those who believed in the Company, provided the lifesaving finance to complete this process and to those Loan Note Holders who supported my vision and exchanged their debt in order to become stockholders in our Company.

Peter J Bezzano

Paunch, in conclusion, whatever or whomever the hold up is, it's OUT OF FFGO'S HANDS. jmo.eom.
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SevenTenEleven

01/26/11 1:36 PM

#170180 RE: paunch13 #170175

I have spoken with the sec and they say it is not legal to withold information from the shareholders FFGO works under the laws of the SEC , If FFGO was a private they could do what they are doing but not as a stock company - paunch13

The company is NOT witholding information. They said the deal was complete and there would be no further updates until the requirements that NMGL is/was now respoonsible for are/were completed.

Company will inform investors of the record date once those requirements are met.

Please review Vianna's sticky post above that covers off on this.
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Texan77

01/26/11 3:42 PM

#170190 RE: paunch13 #170175

thats not true
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CIBOLA

01/26/11 6:31 PM

#170194 RE: paunch13 #170175

Paunch,we have discussed this in the past, you are wrong. Companies can and do withhold information from share holders, it is not illegal.